Ashurst leads $226m sale of Canberra asset

Ashurst has advised CIMB-TrustCapital Advisors on the financing aspects of its purchase of 50 Marcus Clarke Street in Canberra.

The New Lawyer • 11 May 2012 • Big Law

Ashurst has advised CIMB-TrustCapital Advisors on the financing aspects of its purchase of 50 Marcus Clarke Street in Canberra.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Lawyers Weekly. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

The 12-storey Premium Grade asset in the heart of Canberra's CBD was acquired from Walker Corporation for approximately A$226 million.

It is leased to the Federal Government Department of Education, Employment and Workplace Relations.

Ashurst says the building is said to be one of the largest, newest and best-built assets in Canberra.

CIMB-TrustCapital Advisors has been very active in the Australian commercial property market since its first acquisition in early 2011.

VIEW ALL

Ashurst also advised CIMB-Trust Capital Advisors on the financing aspects of its acquisition of 850 Collins Street, Melbourne, in late 2011.

The Ashurst team was led by banking and finance partner Jamie Ng along with senior associate Ken Nguyen.

We're evolving — and so should your insights. Heads up — Lawyers Weekly is going premium from 1 May for just $5 a month. Stay informed without missing a beat. More information coming soon.

You need to be a member to post comments. Become a member for free today!

Lawyers Weekly - legal news for Australian lawyers

SECTIONS

MORE

Ashurst leads $226m sale of Canberra asset

OUR PLATFORMS AND BRANDS

EVENTS AND SUMMITS

PODCASTS

LEARNING AND EDUCATION

MOMENTUM MARKETS NETWORK

LINKS

STAY CONNECTED